Mitsubishi UFJ Trust & Banking Corp Buys 14,393 Shares of Crocs, Inc. $CROX

Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Crocs, Inc. (NASDAQ:CROX) by 92.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,982 shares of the textile maker’s stock after purchasing an additional 14,393 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Crocs were worth $2,564,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in CROX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Crocs by 159.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after buying an additional 459 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Crocs by 4.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker’s stock worth $22,441,000 after acquiring an additional 8,331 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Crocs by 278.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker’s stock worth $87,000 after acquiring an additional 634 shares in the last quarter. First Trust Advisors LP grew its stake in Crocs by 14.3% in the 2nd quarter. First Trust Advisors LP now owns 112,217 shares of the textile maker’s stock worth $11,365,000 after acquiring an additional 14,067 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in Crocs in the 2nd quarter worth about $6,290,000. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Anne Mehlman sold 12,145 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the transaction, the executive vice president directly owned 131,112 shares in the company, valued at approximately $13,119,066.72. The trade was a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 2.72% of the company’s stock.

Crocs Stock Down 2.3%

CROX stock opened at $101.48 on Tuesday. The stock has a market capitalization of $5.08 billion, a P/E ratio of -73.54, a P/E/G ratio of 1.19 and a beta of 1.54. The firm has a 50-day simple moving average of $90.70 and a 200-day simple moving average of $87.17. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. Crocs, Inc. has a 52 week low of $73.21 and a 52 week high of $122.84.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.21. The business had revenue of $921.46 million during the quarter, compared to analysts’ expectations of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The company’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.00 earnings per share. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. Equities analysts forecast that Crocs, Inc. will post 13.62 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group increased their price objective on shares of Crocs from $71.00 to $81.00 and gave the company a “sell” rating in a research note on Friday, February 13th. Weiss Ratings cut shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 23rd. Williams Trading raised shares of Crocs from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. Needham & Company LLC raised their target price on shares of Crocs from $118.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, UBS Group raised their target price on shares of Crocs from $97.00 to $107.00 and gave the stock a “neutral” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $103.73.

Crocs Company Profile

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.